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Procurement of diesel fuel.

MCL 388.1764f
in effect
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388.1764f. Procurement of diesel fuel. Sec. 164f. The intermediate board of an intermediate district, the board of a district, or the board of directors of a public school academy may use funds appropriated under this article to enter into a swap, hedge, derivative, or similar agreement in connection with the procurement of diesel fuel. However, not more than 25% of a district's, public school academy's, or intermediate district's annual diesel fuel budget may be procured in the manner allowed under this section. Add. 2014, Act 196, Eff. Oct. 1, 2014
Source: Michigan Legislature (legislature.mi.gov)URL: https://legislature.mi.gov/Laws/MCL?objectName=mcl-388-1764fFetched: 10/20/2026

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